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KOMS Group

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uuid000ta6j

Namestring
KOMS Group
Legal namestring
KOMS Inc.
Websiteurl
komsgroup.com
Company typeenum
Private
Founded yearint
2020
Descriptiontext

KOMS Inc. (operating as KOMS Group) is a South Korean renewable energy and offshore engineering technology company founded in 2020 and headquartered within the KRISO Deep Ocean Basin Center in Busan. The company is structured as a research-institute affiliate of KRISO (Korea Research Institute of Ships and Offshore Plant), a government-funded research body, and operates across three application areas: floating offshore wind with integrated green hydrogen, subsea engineering, and offshore oil and gas power solutions.

The technology portfolio centers on the K-WIND SYSTEM, a batch self-installation method for Floating Offshore Wind Turbines (FOWT) that claims 5x faster installation and 1/3 the cost and time of conventional methods by eliminating the need for Wind Turbine Installation Vessels. Adjacent systems include the KTW turret wind system (which halves FOWT construction periods), the DMS two-way latch mooring system, and the K-WIND P2G(H) electrolysis platform pairing 3MW of hydrogen production with 10MW of wind capacity in a grid-independent configuration. For the offshore oil and gas market, KOMS offers the FLPP Floating LNG Power Plant (DNV AIP-certified, 20/40/80MW configurations) and developing FAPP and FMPP variants for ammonia and methanol. Subsea execution is delivered through sister company LAMER, providing 70m-depth saturation diving, ROV operations, grouting, and construction services.

KOMS generates revenue through technology licensing of its proprietary systems, EPCIC services for offshore platforms and subsea infrastructure, hardware sales of FLPP and K-WIND P2G(H) units, and turnkey subsea solutions via LAMER. The company sells exclusively B2B to enterprise clients in offshore wind, oil and gas, and subsea industries via direct enterprise engagement, with industry partnerships and a 100+ partner network supporting lead generation. To date, no commercial customer logos or contract values are publicly disclosed.

Short descriptiontext

KOMS Group is a South Korean B2B offshore engineering firm affiliated with KRISO that develops floating offshore wind installation systems (K-WIND, KTW, DMS), green hydrogen production (K-WIND P2G), and floating LNG/ammonia/methanol power plants, selling technology licensing, EPCIC services, and hardware to enterprise offshore wind, oil and gas, and subsea clients.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBusan, South Korea
HQ citystring
Busan
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
offshore wind power, hydrogen generation systems, floating wind turbines, subsea engineering services, offshore EPCIC services
Industry5 codes
1Offshore Wind Power Generation (Floating)
CodeEUACAFACPrimaryYes
2Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts)
CodeEUAMAOABPrimaryNo
3Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads)
CodeEUAEADAIPrimaryNo
4Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support)
CodeEUAMAFAIPrimaryNo
5Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations)
CodeEUACAFAFPrimaryNo
NAICS code3 codes
  • Wind Electric Power Generation221115
  • Turbine and Turbine Generator Set Units Manufacturing333611
  • Electric Power Generation22111
SIC code3 codes
  • Engines & Turbines3510
  • Cogeneration Services & Small Power Producers4991
  • Oil & Gas Field Machinery & Equipment3533
Product category
Offshore Wind Technology & Engineering Services
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Technology Licensing
TypeLicensing Royalties
Description

Licensing of proprietary offshore wind technology systems (K-WIND, KTW, DMS) to developers and operators of offshore wind farms.

komsgroup.com
2EPCIC Services
TypeProfessional Services
Description

Engineering, Procurement, Construction, Installation, and Commissioning services for offshore platforms, FPSO/FSO, subsea cable, and structures.

komsgroup.com
3Subsea Services
TypeProfessional Services
Description

Turnkey subsea solutions including construction, grouting, diving, ROV operations, and IRM (Inspection Repair Modification) services through sister company LAMER.

komsgroup.com
4Equipment and Systems Sales
TypeHardware Sales
Description

Sale of FLPP (Floating LNG Power Plant) systems in 20MW, 40MW, and 80MW configurations, plus custom engineering solutions.

komsgroup.com
5Hydrogen Production Systems
TypeHardware Sales
Description

K-WIND P2G(H) electrolysis systems integrated with offshore wind for green hydrogen production.

komsgroup.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 6 records shown
1LAMER
Description

Sister company of KOMS that provides turnkey solutions related to offshore wind SUBSEA, including construction, grouting, diving, and ROVs.

komsgroup.com
+5 more records
Core offering1 text field

KOMS Group develops and sells proprietary offshore wind power technology systems, including the K-WIND SYSTEM for floating offshore wind turbine (FOWT) installation, the K-WIND P2G(H) hydrogen production system, the KTW turret wind system, and the DMS mooring system. The company also offers FLPP (Floating LNG Power Plant) and FAPP/FMPP variants, EPCIC engineering services for offshore platforms and subsea structures, and turnkey subsea solutions via sister company LAMER.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 5x faster installation speed with K-WIND system
+5 more records
Product overview1 text field

KOMS Group offers an integrated portfolio of offshore renewable energy and oil & gas solutions. The core K-WIND SYSTEM provides batch self-installation for Floating Offshore Wind Turbines (FOWT), which can be enhanced with the K-WIND P2G(H) for hydrogen production, the KTW SYSTEM for turret-based installation, and the DMS SYSTEM for mooring. Parallel to wind, the FLPP (Floating LNG Power Plant) with FAPP and FMPP variants addresses offshore oil & gas power needs. Services include EPCIC and subsea solutions (via sister company LAMER). All offerings leverage KRISO's basin facilities and are designed for eco-friendly deployment.

Product and service9 records
1K-WIND SYSTEM
CategoryOffshore Wind Technology
Description

A batch self-installation method for Floating Offshore Wind Turbines (FOWT) that enables installation 5 times faster at 1/3 the cost and time of conventional methods, without requiring WITV or special vessels, delivering 30% higher productivity. Targeted at offshore wind farm developers and operators.

2K-WIND P2G(H)
CategoryHydrogen Production Technology
Description

World's only offshore wind-integrated hydrogen production system combining a 3MW electrolysis system with 10MW K-WIND SYSTEM, capable of producing hydrogen without grid connection. Designed for green hydrogen production at offshore wind farms.

3KTW SYSTEM (KOMS Turret Wind)
CategoryOffshore Wind Technology
Description

Innovative turret system for FOWT that halves the construction period of offshore wind farms, enabling simultaneous mooring and subsea cable work with FOWT production. For offshore wind farm developers seeking faster construction cycles.

4DMS SYSTEM (Fairlead and Submersible Mooring Pully)
CategoryOffshore Wind Technology
Description

Mooring system for FOWT featuring the world's first two-way latch system enabling rapid attachment and detachment of mooring lines. Designed for offshore wind turbine anchoring applications.

5FLPP (Floating LNG Power Plant)
CategoryFloating Power Systems
Description

Floating LNG Power Plant available in 20MW, 40MW, and 80MW configurations. Economical jack-up type can be installed in 1 day at water depths up to 50m. Holds AIP certificate from DNV. Targeted at offshore oil & gas operators.

6FAPP (Floating Ammonia Power Plant)
CategoryFloating Power Systems
Description

Floating power plant utilizing ammonia as fuel, developed alongside FLPP and FMPP. For offshore oil & gas and maritime power applications seeking alternative fuel flexibility.

7FMPP (Floating Methanol Power Plant)
CategoryFloating Power Systems
Description

Floating power plant utilizing methanol as fuel, developed alongside FLPP and FAPP. For offshore oil & gas and maritime power applications seeking alternative fuel flexibility.

8EPCIC Services
CategoryOffshore Engineering Services
Description

Engineering, Procurement, Construction, Installation, and Commissioning services for fixed platforms, FPSO/FSO, pipe laying, subsea cable, flexible pipe, subsea structures (SPM, PLEM), transportation, and installation. Targeted at oil & gas and offshore wind developers.

9Subsea Solutions (via LAMER)
CategorySubsea Engineering Services
Description

Turnkey subsea solutions including construction, grouting, diving, and ROV operations, along with IRM (Inspection Repair Modification) services for offshore wind farms, with depth capability exceeding 70m using saturation systems. Delivered via sister company LAMER. Targeted at offshore wind and oil & gas subsea operators.

Scale indicator15 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Sister company of KOMS providing turnkey solutions for offshore wind SUBSEA operations including construction, grouting, diving, and ROVs. LAMER possesses vessels and equipment for underwater operations domestically and internationally, and holds specific underwater and construction licenses.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Government-funded research institute. KOMS is a research company under KRISO, located within the KRISO Deep Ocean Basin Center. Provides access to world's largest basin for testing offshore wind turbines.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joint research and development with over 100 PhDs from Korean research institutes in various fields.

Strategic tierMinorTypeOthers
Description

Korean government ministry sponsor shown in collaboration section.

Strategic tierMinorTypeOthers
Description

Korean government ministry sponsor shown in collaboration section.

6Korea SME Agency (중기청)
Strategic tierMinorTypeOthers
Description

Korean government agency sponsor shown in collaboration section.

komsgroup.com
Strategic tierMinorTypeOthers
Description

Korean government ministry sponsor shown in collaboration section.

Strategic tierMinorTypeOthers
Description

Korean government ministry sponsor shown in collaboration section.

9Korea Offshore Wind Power Industry Association (풍력협회)
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Industry association partner shown in collaboration section.

komsgroup.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Principle Power develops the WindFloat floating offshore wind foundation and is a direct competitor to KOMS in floating offshore wind technology. Both target reduced-cost, vessel-independent FOWT installation, making them the closest functional peer.

TypeDirect peer
Description

BW Ideol designs floating offshore wind foundations (barge-based and dampening pool concepts) and pursues similar cost-reduction and serial-install strategies as KOMS's K-WIND system. Directly comparable in floating wind commercialization stage.

TypeBroad incumbent
Description

Equinor operates the Hywind floating wind farms (Hywind Scotland, Hywind Tampen) and is the most advanced commercial operator in floating offshore wind. Acts as a broad incumbent against which KOMS's installation and mooring IP must compete for adoption.

TypeDirect peer
Description

SBM Offshore designs and operates Floating Production Systems including FLNG and power solutions for offshore oil & gas. Directly comparable to KOMS's FLPP/FAPP/FMPP floating power plant portfolio in target market and customer base.

TypeBroad incumbent
Description

Saipem is a major offshore EPCIC contractor for fixed platforms, FPSOs, subsea structures, and cable/pipelay — directly overlapping KOMS's EPCIC and subsea service offerings via LAMER. Comparable in customer base (oil & gas majors, offshore wind developers).

TypeBroad incumbent
Description

Subsea 7 is a global subsea contractor offering SURF, pipelay, and IRM services — overlapping with LAMER's subsea construction, diving, and ROV capabilities. Comparable in offshore wind and oil & gas subsea delivery model.

TypeBroad incumbent
Description

Wärtsilä supplies marine and offshore power solutions, including engine and power plant packages for floating and mobile applications. Comparable to KOMS's FLPP/FAPP/FMPP floating power plant franchise in technology and end-customers.

TypeOthers
Description

NOV supplies subsea and oil & gas field equipment, including mooring and turret systems relevant to FOWT. Comparable through KOMS's CTO background at NOV Korea and overlapping mooring/turret technology domains.

TypeRegional player
Description

Korean shipbuilding and offshore platform major; KOMS's CBO and CTO are former HHI/HSHI VPs. Comparable in offshore platform engineering, FPSO construction, and Korean offshore wind market positioning.

TypeRegional player
Description

Korean shipbuilder and offshore platform constructor; KOMS CEO JJ Kim is the former COO. Comparable in offshore engineering scale, FPSO/FLNG construction capabilities, and Korean offshore wind supply chain access.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

KOMS Group

Offshore Wind Technology & Engineering Serviceskomsgroup.com

KOMS Group is a South Korean B2B offshore engineering firm affiliated with KRISO that develops floating offshore wind installation systems (K-WIND, KTW, DMS), green hydrogen production (K-WIND P2G), and floating LNG/ammonia/methanol power plants, selling technology licensing, EPCIC services, and hardware to enterprise offshore wind, oil and gas, and subsea clients.

What KOMS Group does

KOMS Inc. (operating as KOMS Group) is a South Korean renewable energy and offshore engineering technology company founded in 2020 and headquartered within the KRISO Deep Ocean Basin Center in Busan. The company is structured as a research-institute affiliate of KRISO (Korea Research Institute of Ships and Offshore Plant), a government-funded research body, and operates across three application areas: floating offshore wind with integrated green hydrogen, subsea engineering, and offshore oil and gas power solutions.

The technology portfolio centers on the K-WIND SYSTEM, a batch self-installation method for Floating Offshore Wind Turbines (FOWT) that claims 5x faster installation and 1/3 the cost and time of conventional methods by eliminating the need for Wind Turbine Installation Vessels. Adjacent systems include the KTW turret wind system (which halves FOWT construction periods), the DMS two-way latch mooring system, and the K-WIND P2G(H) electrolysis platform pairing 3MW of hydrogen production with 10MW of wind capacity in a grid-independent configuration. For the offshore oil and gas market, KOMS offers the FLPP Floating LNG Power Plant (DNV AIP-certified, 20/40/80MW configurations) and developing FAPP and FMPP variants for ammonia and methanol. Subsea execution is delivered through sister company LAMER, providing 70m-depth saturation diving, ROV operations, grouting, and construction services.

KOMS generates revenue through technology licensing of its proprietary systems, EPCIC services for offshore platforms and subsea infrastructure, hardware sales of FLPP and K-WIND P2G(H) units, and turnkey subsea solutions via LAMER. The company sells exclusively B2B to enterprise clients in offshore wind, oil and gas, and subsea industries via direct enterprise engagement, with industry partnerships and a 100+ partner network supporting lead generation. To date, no commercial customer logos or contract values are publicly disclosed.

KOMS Group firmographics

Firmographics
Name
KOMS Group
Legal name
KOMS Inc.
Website
https://komsgroup.com
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
11–50 employees
Short description
KOMS Group is a South Korean B2B offshore engineering firm affiliated with KRISO that develops floating offshore wind installation systems (K-WIND, KTW, DMS), green hydrogen production (K-WIND P2G), and floating LNG/ammonia/methanol power plants, selling technology licensing, EPCIC services, and hardware to enterprise offshore wind, oil and gas, and subsea clients.
Ownership category
akta.pro rank

KOMS Group industry classification

Industry
Product category
Offshore Wind Technology & Engineering Services
NAICS
Wind Electric Power Generation (221115), Turbine and Turbine Generator Set Units Manufacturing (333611), Electric Power Generation (22111)
SIC
Engines & Turbines (3510), Cogeneration Services & Small Power Producers (4991), Oil & Gas Field Machinery & Equipment (3533)
akta.pro primary industry
Offshore Wind Power Generation (Floating) (EUACAFAC)
akta.pro secondary industries
Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts) (EUAMAOAB), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI), Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

Keywords

  • Offshore wind power
  • Hydrogen generation systems
  • Floating wind turbines
  • Subsea engineering services
  • Offshore EPCIC services

Where KOMS Group is headquartered

Location

Headquarters

HQ city
Busan
HQ country
South Korea
HQ region
Asia

Offices1 record

Markets served

KOMS Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

  1. Technology Licensing: Licensing of proprietary offshore wind technology systems (K-WIND, KTW, DMS) to developers and operators of offshore wind farms.
  2. EPCIC Services: Engineering, Procurement, Construction, Installation, and Commissioning services for offshore platforms, FPSO/FSO, subsea cable, and structures.
  3. Subsea Services: Turnkey subsea solutions including construction, grouting, diving, ROV operations, and IRM (Inspection Repair Modification) services through sister company LAMER.
  4. Equipment and Systems Sales: Sale of FLPP (Floating LNG Power Plant) systems in 20MW, 40MW, and 80MW configurations, plus custom engineering solutions.
  5. Hydrogen Production Systems: K-WIND P2G(H) electrolysis systems integrated with offshore wind for green hydrogen production.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

KOMS Group product offering

Product offering

Core offering

KOMS Group develops and sells proprietary offshore wind power technology systems, including the K-WIND SYSTEM for floating offshore wind turbine (FOWT) installation, the K-WIND P2G(H) hydrogen production system, the KTW turret wind system, and the DMS mooring system. The company also offers FLPP (Floating LNG Power Plant) and FAPP/FMPP variants, EPCIC engineering services for offshore platforms and subsea structures, and turnkey subsea solutions via sister company LAMER.

Product overview

KOMS Group offers an integrated portfolio of offshore renewable energy and oil & gas solutions. The core K-WIND SYSTEM provides batch self-installation for Floating Offshore Wind Turbines (FOWT), which can be enhanced with the K-WIND P2G(H) for hydrogen production, the KTW SYSTEM for turret-based installation, and the DMS SYSTEM for mooring. Parallel to wind, the FLPP (Floating LNG Power Plant) with FAPP and FMPP variants addresses offshore oil & gas power needs. Services include EPCIC and subsea solutions (via sister company LAMER). All offerings leverage KRISO's basin facilities and are designed for eco-friendly deployment.

Differentiator

Problem solved

Functional benefit

Brands

  • LAMER: Sister company of KOMS that provides turnkey solutions related to offshore wind SUBSEA, including construction, grouting, diving, and ROVs.
  • K-WIND SYSTEM
  • K-WIND P2G
  • KTW SYSTEM
  • DMS SYSTEM
  • FLPP

Products and services

  • K-WIND SYSTEM A batch self-installation method for Floating Offshore Wind Turbines (FOWT) that enables installation 5 times faster at 1/3 the cost and time of conventional methods, without requiring WITV or special vessels, delivering 30% higher productivity. Targeted at offshore wind farm developers and operators.
  • K-WIND P2G(H) World's only offshore wind-integrated hydrogen production system combining a 3MW electrolysis system with 10MW K-WIND SYSTEM, capable of producing hydrogen without grid connection. Designed for green hydrogen production at offshore wind farms.
  • KTW SYSTEM (KOMS Turret Wind) Innovative turret system for FOWT that halves the construction period of offshore wind farms, enabling simultaneous mooring and subsea cable work with FOWT production. For offshore wind farm developers seeking faster construction cycles.
  • DMS SYSTEM (Fairlead and Submersible Mooring Pully) Mooring system for FOWT featuring the world's first two-way latch system enabling rapid attachment and detachment of mooring lines. Designed for offshore wind turbine anchoring applications.
  • FLPP (Floating LNG Power Plant) Floating LNG Power Plant available in 20MW, 40MW, and 80MW configurations. Economical jack-up type can be installed in 1 day at water depths up to 50m. Holds AIP certificate from DNV. Targeted at offshore oil & gas operators.
  • FAPP (Floating Ammonia Power Plant) Floating power plant utilizing ammonia as fuel, developed alongside FLPP and FMPP. For offshore oil & gas and maritime power applications seeking alternative fuel flexibility.
  • FMPP (Floating Methanol Power Plant) Floating power plant utilizing methanol as fuel, developed alongside FLPP and FAPP. For offshore oil & gas and maritime power applications seeking alternative fuel flexibility.
  • EPCIC Services Engineering, Procurement, Construction, Installation, and Commissioning services for fixed platforms, FPSO/FSO, pipe laying, subsea cable, flexible pipe, subsea structures (SPM, PLEM), transportation, and installation. Targeted at oil & gas and offshore wind developers.
  • Subsea Solutions (via LAMER) Turnkey subsea solutions including construction, grouting, diving, and ROV operations, along with IRM (Inspection Repair Modification) services for offshore wind farms, with depth capability exceeding 70m using saturation systems. Delivered via sister company LAMER. Targeted at offshore wind and oil & gas subsea operators.

Quantifiable outcome

  • 5x faster installation speed with K-WIND system
  • +5 more outcomes

Companies that use KOMS Group

Customer profile

Segments3 records

Ideal customer profiles3 records

KOMS Group technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

KOMS Group partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core and minor.

  • LAMERcoreStrategic or Co-development PartnerSister company of KOMS providing turnkey solutions for offshore wind SUBSEA operations including construction, grouting, diving, and ROVs. LAMER possesses vessels and equipment for underwater operations domestically and internationally, and holds specific underwater and construction licenses.
  • KRISO (Korea Research Institute Ship and Offshore Plant)coreStrategic or Co-development PartnerGovernment-funded research institute. KOMS is a research company under KRISO, located within the KRISO Deep Ocean Basin Center. Provides access to world's largest basin for testing offshore wind turbines.
  • Korean Government Research InstitutescoreStrategic or Co-development PartnerJoint research and development with over 100 PhDs from Korean research institutes in various fields.
  • Ministry of Trade, Industry and Energy (산업통상부)minorOthersKorean government ministry sponsor shown in collaboration section.
  • Ministry of Environment (기후부)minorOthersKorean government ministry sponsor shown in collaboration section.
  • Korea SME Agency (중기청)minorOthersKorean government agency sponsor shown in collaboration section.
  • Ministry of Land (국토부)minorOthersKorean government ministry sponsor shown in collaboration section.
  • Ministry of Oceans and Fisheries (해수부)minorOthersKorean government ministry sponsor shown in collaboration section.
  • Korea Offshore Wind Power Industry Association (풍력협회)minorStrategic or Co-development PartnerIndustry association partner shown in collaboration section.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

KOMS Group competitors and assessment

Company assessment

Direct peers

  • Principle Power: Principle Power develops the WindFloat floating offshore wind foundation and is a direct competitor to KOMS in floating offshore wind technology. Both target reduced-cost, vessel-independent FOWT installation, making them the closest functional peer.
  • BW Ideol: BW Ideol designs floating offshore wind foundations (barge-based and dampening pool concepts) and pursues similar cost-reduction and serial-install strategies as KOMS's K-WIND system. Directly comparable in floating wind commercialization stage.
  • SBM Offshore: SBM Offshore designs and operates Floating Production Systems including FLNG and power solutions for offshore oil & gas. Directly comparable to KOMS's FLPP/FAPP/FMPP floating power plant portfolio in target market and customer base.

Broad incumbents

  • Equinor (Hywind): Equinor operates the Hywind floating wind farms (Hywind Scotland, Hywind Tampen) and is the most advanced commercial operator in floating offshore wind. Acts as a broad incumbent against which KOMS's installation and mooring IP must compete for adoption.
  • Saipem: Saipem is a major offshore EPCIC contractor for fixed platforms, FPSOs, subsea structures, and cable/pipelay — directly overlapping KOMS's EPCIC and subsea service offerings via LAMER. Comparable in customer base (oil & gas majors, offshore wind developers).
  • Subsea 7: Subsea 7 is a global subsea contractor offering SURF, pipelay, and IRM services — overlapping with LAMER's subsea construction, diving, and ROV capabilities. Comparable in offshore wind and oil & gas subsea delivery model.
  • Wärtsilä: Wärtsilä supplies marine and offshore power solutions, including engine and power plant packages for floating and mobile applications. Comparable to KOMS's FLPP/FAPP/FMPP floating power plant franchise in technology and end-customers.

Others

  • National Oilwell Varco (NOV): NOV supplies subsea and oil & gas field equipment, including mooring and turret systems relevant to FOWT. Comparable through KOMS's CTO background at NOV Korea and overlapping mooring/turret technology domains.

Regional players

  • Hyundai Heavy Industries (HD Hyundai): Korean shipbuilding and offshore platform major; KOMS's CBO and CTO are former HHI/HSHI VPs. Comparable in offshore platform engineering, FPSO construction, and Korean offshore wind market positioning.
  • Daewoo Shipbuilding & Marine Engineering (DSME / Hanwha Ocean): Korean shipbuilder and offshore platform constructor; KOMS CEO JJ Kim is the former COO. Comparable in offshore engineering scale, FPSO/FLNG construction capabilities, and Korean offshore wind supply chain access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

KOMS Group social profiles

Digital presence

KOMS Group compliance and trust

Trust signal

Compliance3 records

KOMS Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KOMS Group leadership team

Management profile

Number of profiles

Profiles4 records

KOMS Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

KOMS Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KOMS Group

What does KOMS Group do?

KOMS Group develops and sells proprietary offshore wind power technology systems, including the K-WIND SYSTEM for floating offshore wind turbine (FOWT) installation, the K-WIND P2G(H) hydrogen production system, the KTW turret wind system, and the DMS mooring system. The company also offers FLPP (Floating LNG Power Plant) and FAPP/FMPP variants, EPCIC engineering services for offshore platforms and subsea structures, and turnkey subsea solutions via sister company LAMER.

Is KOMS Group a public or private company?

KOMS Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was KOMS Group founded?

KOMS Group was founded in 2020. It employs 11 to 50 people.

Where is KOMS Group based?

KOMS Group is headquartered in Busan, South Korea, in the Asia region.

How does KOMS Group make money?

Five revenue lines are on record. Technology Licensing is the primary driver. The others are EPCIC Services, subsea Services, equipment and Systems Sales and hydrogen Production Systems.

Who are KOMS Group's main competitors?

Direct peers on record are Principle Power, BW Ideol and SBM Offshore. Broad incumbents are Equinor (Hywind), Saipem, Subsea 7 and Wärtsilä. National Oilwell Varco (NOV) is listed as an others. Regional players are Hyundai Heavy Industries (HD Hyundai) and Daewoo Shipbuilding & Marine Engineering (DSME / Hanwha Ocean).

Does KOMS Group have an API?

No public API is recorded for KOMS Group.

What industry is KOMS Group in?

KOMS Group's product category is Offshore Wind Technology & Engineering Services. Its primary akta.pro industry code is EUACAFAC, Offshore Wind Power Generation (Floating), with a secondary code of EUAMAOAB, Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts). Its NAICS code is 221115 and its SIC code is 3510.

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